Market Update After Hours January 8

Tuesday, January 8, 2013 8:11 PM

Market Summary

Dow Jones

13,328.85

-55.44

(-0.41%)

S&P 500

1,457.15

-4.74

(-0.32%)

Nasdaq

3,091.81

-7

(-0.23%)

GainersISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) 11.92 +1.28 (12.02%). Isis Pharmaceuticals, Inc. ISIS +12.02% , the leader in antisense therapeutics, today announced that management will present a company overview at the 31st Annual J.P. Morgan Healthcare Conference on Wednesday, January 9, 2013 at 1:30 p.m. PT in San Francisco, CA.
The Medicines Company (NASDAQ:MDCO) 28.83 +3.01 (11.66%). Shares of The Medicines Company soared in trade after the company announced positive results for a late-stage study of one of its drugs. MDCO soared as much as 13% following the announcement of phase 3 trial results for its blood thinner cangrelor.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) 10.11 +0.91 (9.89%) Arena Pharmaceuticals, Inc. has been investing in their obesity drug and research with the introduction of BELVEQ, which was approved by the US Food and Drug Administration (FDA) in June 2012,
Lindsay Corporation (NYSE:LNN) 86.03 +6.01 (7.51%) Lindsay Corporation announced results for its first quarter ended November 30, 2012. First quarter fiscal 2013 revenues of $147.4 million increased 24 percent from $119.2 million in the same prior year period.
LosersCentrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B) 4.70 -0.51 (-9.79%)
Fusion-IO, Inc. (NYSE:FIO) 19.16 -2.04 (-9.62%). Stock was downgraded, by analysts at William Blair, to “market perform” from “outperform,” citing slower-than-expected bookings for the data-storage company.
Alcatel Lucent SA (ADR) (NYSE:ALU) 1.58 -0.15 (-8.67%). Recently, Alcatel-Lucent has been removed from Goldman Sachs’s conviction list as a Sell though analyst Simon Schafer still rates it as a Sell.
Cypress Semiconductor Corporation (NASDAQ:CY) 10.12 -0.93 (-8.42%). Cypress expects fourth quarter sales to be in the range of $177 million to $179 million, with non-GAAP earnings per share of $0.03 to $0.04. These results are less than the company's own forecasts due to lower sales and gross margins that were attributable to product mix, reduced manufacturing absorption, and inventory related charges.
SolarCity Corp (NASDAQ:SCTY) 14.73 -1.24 (-7.75%). Credit Suisse initiates coverage on SolarCity Corp. with Outperform Rating and a target of $22

After Hours Most Active

NYSE Ten Most Active Share Volume

Symbol

Company

Last Sale

Share Volume

AA

Alcoa Inc.

$9.17

4,393,394

ETP

ENERGY TRANSFER PARTNERS

$45.06

3,001,973

BAC

Bank of America Corporation

$11.96

2,321,682

EMC

EMC Corporation

$23.85

1,714,645

NOK

Nokia Corporation

$4.06

1,367,114

BX

The Blackstone Group L.P.

$16.68

1,003,651

JPM

J P Morgan Chase & Co

$45.48

627,437

S

Sprint Nextel Corporation

$5.83

561,870

GE

General Electric Company

$20.91

533,945

OZM

Och-Ziff Capital Management Group LLC

$9.46

517,017

NASDAQ Ten Most Active Share Volume

Symbol

Company

Last Sale

Share Volume

QQQ

PowerShares QQQ Trust, Series 1

$66.63

4,523,917

CLWR

Clearwire Corporation

$3.19

3,072,705

APOL

Apollo Group, Inc.

$19.80

1,262,916

STX

Seagate Technology.

$32.45

872,419

SIRI

Sirius XM Radio Inc.

$3.15

820,079

MSFT

Microsoft Corporation

$26.61

614,614

INTC

Intel Corporation

$21.17

581,653

QGEN

Qiagen N.V.

$18.74

497,051

ORCL

Oracle Corporation

$34.49

377,430

AMAT

Applied Materials, Inc.

$11.53

287,007

PRINT

FREE Options Trading Lessons

I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2015 the year you get RICH!

Latest Headlines

NEW YORK (Reuters) - The Federal Reserve needs to consider pulling back its stimulative policies in part because an extended period of low interest rates encourages a "reach for yield" among investors...

BOSTON (Reuters) - Billionaire Steven A. Cohen`s investments gained 7.5 percent in the first three months of 2015, according to a person familiar with the numbers, helping the former hedge fund manage...

(Reuters) - Wall street analysts may be inadequately accounting for the dollar’s sharp rise in the first quarter, setting up a scenario in which some multinationals may miss already low consensus es...